ID Logistics: underlying OI up 17.5%
(CercleFinance.com) - ID Logistics reports net income for 2024 of E52.
8m, up 15.2% excluding non-recurring items, with operating income before non-recurring items up 17.5% to E147.8m.
The contract logistics group posted sales of E3.27bn, up 19.1%. Adjusted for the integration of Spedimex and a slightly unfavourable currency effect, growth was +17.2% LFL.
All geographic zones contributed to the Group's growth, with a particularly strong sales dynamic in the United States, CEO Eric Hémar said, for whom this positive trend should continue into 2025.
The group is also working on increasing the productivity of recently started projects. Given its investment capacity, ID Logistics confirms its intention to make acquisitions over the coming quarters.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
8m, up 15.2% excluding non-recurring items, with operating income before non-recurring items up 17.5% to E147.8m.
The contract logistics group posted sales of E3.27bn, up 19.1%. Adjusted for the integration of Spedimex and a slightly unfavourable currency effect, growth was +17.2% LFL.
All geographic zones contributed to the Group's growth, with a particularly strong sales dynamic in the United States, CEO Eric Hémar said, for whom this positive trend should continue into 2025.
The group is also working on increasing the productivity of recently started projects. Given its investment capacity, ID Logistics confirms its intention to make acquisitions over the coming quarters.
Copyright (c) 2025 CercleFinance.com. All rights reserved.